Welcome to our dedicated page for Landstar Sys SEC filings (Ticker: LSTR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Landstar System, Inc. (NASDAQ: LSTR) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Landstar is a technology-enabled, asset-light provider of integrated transportation management solutions, and its filings offer detailed insight into how this business model operates across truck transportation and related freight services.
Through documents such as annual reports on Form 10-K and quarterly reports on Form 10-Q, Landstar reports revenue by mode, including truckload transportation hauled via van and unsided/platform equipment, other truck transportation largely related to power-only services, less-than-truckload, and freight moved by rail, air and ocean cargo carriers. These filings also explain key financial concepts used by the company, such as variable contribution and variable contribution margin, and provide expanded discussion of risk factors, insurance and claims, and capital allocation through share repurchases and dividends.
Current Reports on Form 8-K available on this page capture material events, including quarterly earnings announcements, strategic review outcomes, legal developments and governance changes. Examples include disclosures about non-cash impairment charges related to Landstar Metro, the decision to make Landstar TMS the primary transportation management system for truckload brokerage contract services, the planned wind-down of Blue TMS, and information about the company’s minority equity investment in Cavnue. Other 8-K filings describe board appointments, director independence determinations and committee assignments.
Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping readers understand complex sections such as risk factor discussions, non-GAAP reconciliations and descriptions of legal proceedings. Users can also review information related to LSTR insider and director compensation arrangements as disclosed in relevant filings. With real-time updates from EDGAR and simplified explanations, this page is a practical starting point for analyzing Landstar’s official SEC record.
The Vanguard Group filed Amendment No. 14 to a Schedule 13G/A reporting zero beneficial ownership of Landstar System Inc. common stock. The amendment states that, following an January 12, 2026 internal realignment and in reliance on SEC Release No. 34-39538, certain subsidiaries and business divisions will report beneficial ownership separately and Vanguard no longer is deemed to beneficially own the securities held by those entities. The filing lists Amount beneficially owned: 0 and Percent of class: 0%.
Landstar System, Inc. is asking stockholders to vote at its virtual-only 2026 Annual Meeting on May 5, 2026, with a record date of March 10, 2026. Stockholders will consider three key proposals: electing nine directors, ratifying KPMG LLP as independent auditor, and approving an advisory vote on executive compensation, all recommended "FOR" by the Board.
The Board recently added directors J. Barr Blanton and Melanie M. Hart and plans to reduce its size from ten to nine after director Anthony J. Orlando retires at the meeting. The Board is majority independent, led by a Non-Executive Chairman, and operates through fully independent audit, compensation, and governance committees. A diversity matrix shows ten directors, including four women.
Management highlights navigating a prolonged freight downturn while pursuing strategic growth in Heavy Haul and U.S./Mexico cross-border freight, with Heavy Haul achieving record revenues in 2025 and those two areas representing about 20% of business. Over the past two years, the company returned approximately $261 million via share repurchases and $245 million in dividends, while maintaining an asset-light model and strong balance sheet.
Landstar is accelerating its use of artificial intelligence, including an agent-focused portal with embedded AI and additional AI initiatives in pricing, customer support, retention, trailer management, credit approvals, and ERP. Approximately half of the 2026 technology capital expenditure budget is dedicated to AI-enabled solutions. The executive compensation program is positioned as pay-for-performance, combining modest base salaries, annual incentive opportunities tied to financial goals, and equity awards intended to align leadership with long-term stockholder value.
Landstar System Inc officer Matthew Miller reported a small tax-related share disposition. On this Form 4, 130 shares of common stock were withheld at $146.78 per share to cover tax withholding obligations, according to the footnote.
After this tax-withholding event, Miller directly holds 4,841 shares of Landstar System common stock. Because the transaction reflects shares withheld for taxes rather than an open-market sale, it represents a routine administrative adjustment tied to equity compensation rather than a discretionary trade.
Lewis Terri M reported acquisition or exercise transactions in this Form 4 filing.
LANDSTAR SYSTEM INC reported that Chief Human Resources Officer Terri M. Lewis received equity awards of company common stock. On this date, she was granted 1,169 shares of common stock, followed by an additional grant of 3,342 shares, both at a grant price of $0.00 per share. After these awards, her directly held common stock position increased to 4,511 shares.
LANDSTAR SYSTEM INC filed an initial insider ownership report (Form 3) for Terri M. Lewis, who serves as Chief Human Resources Officer. The filing does not list any buy, sell, acquisition, or disposition transactions and functions as a baseline disclosure of her insider status.
Landstar System, Inc. presents its 2025 annual report, highlighting an asset-light, technology-enabled transportation model that generated $4.7 billion in revenue during the most recent fiscal year. The business relies on about 960 independent sales agents and over 70,000 third party capacity providers across North America and internationally.
Truck transportation produced 91% of consolidated revenue in 2025, with 38% from BCO independent contractors and 53% from truck brokerage carriers. Landstar recorded non-cash impairment charges of $7.53 million to goodwill and $10.678 million on assets held for sale as it actively markets its Mexican subsidiary, Landstar Metro, for potential sale or other disposition.
The company emphasizes heavy investment in digital tools and artificial intelligence, with about $220 million invested in technology initiatives since 2016, including $28 million in 2025. Landstar also outlines extensive self-insurance exposure, retaining up to $5 million per trucking occurrence amid rising “Nuclear Verdict” risk and significantly higher excess insurance premiums.
Morgan Stanley and Atlanta Capital Management Company, LLC report updated institutional ownership positions in Landstar Inc. common stock. Morgan Stanley reports beneficial ownership of 1,508,015 shares, representing 4.4% of the class. Atlanta Capital reports 1,293,829 shares, representing 3.8% of the class.
Both firms state they have ceased to be beneficial owners of more than five percent of Landstar’s common stock. The securities are described as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of the company.
Landstar System VP and CFO Todd James reports routine equity transactions. On January 30, 2026, he acquired 1,678 shares of common stock at $0, likely a stock award. On January 31, 2026, 519 shares were withheld at $148.91 per share to cover tax obligations, leaving him with 16,322 directly held shares.
Landstar Inc. Chief Safety & Operations officer Matthew Miller reported routine equity activity. On January 30, 2026, he acquired 1,678 shares of common stock at $0 per share, increasing his direct holdings to 5,130 shares.
On January 31, 2026, 159 shares were withheld at $148.91 per share to cover tax withholding obligations, as noted in the footnote. After this tax-related withholding, Miller directly owned 4,971 shares of Landstar common stock.
Landstar System President & CEO Frank A. Lonegro reported several equity transactions in company common stock. On January 30, 2026, he acquired 6,715 shares at $0 per share, increasing his direct holdings to 26,117 shares.
On January 31, 2026 and February 2, 2026, a total of 3,007 shares (922 and 2,085 shares) were withheld at prices of $148.91 and $154.55 per share, respectively, to satisfy tax withholding obligations, leaving him with 23,110 directly owned shares.